CP

Cousins Properties

CUZ
NYSEReal Estate
$25.73
USD
+0.67(+2.67%)
At close: Apr 30, 16:10 UTC
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$25.74

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$25.73

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Market Snapshot

Market Cap

$4.21B

P/E Ratio

103.9

EPS

0.30

Revenue

$856.76M

Employees

351

Why CUZ moved

Cousins Properties boosts share repurchase program to $500 million, after strong one-month share price return following the Oracle lease announcement and ongoing share buybacks.

About

Cousins Properties, Inc. engages in the development, acquisition, leasing and management of real estate assets. The company is headquartered in Atlanta, Georgia and currently employs 351 full-time employees. The firm conducts its business through Cousins Properties LP (CPLP), which primarily invests in Class A office buildings located in high-growth Sun Belt markets. The company owns in excess of 99% of CPLP and consolidates CPLP. CPLP wholly owns Cousins TRS Services LLC (CTRS), which owns and manages its own real estate portfolio and performs certain real estate related services. The Company, CPLP, CTRS, and their subsidiaries develops, acquires, leases, manages, and owns primarily Class A office properties and mixed-use developments in the Sun Belt markets of the United States with a focus on Atlanta, Austin, Tampa, Charlotte, Phoenix, Dallas, and Nashville. Its operations are conducted in the office real estate segment. Its portfolio of real estate assets consists of interests in over 21.1 million square feet of office space and 467,000 square feet of other space.

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